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Electricity transmission has emerged as critical for successfully liberalising power markets. This paper surveys the …
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In the canonical monetary policy model, money is endogenous to the optimal path for interest rates and output. But when liquidity provision by banks dominates the demand for transactions money from the real economy, money is likely to contain information for future output and inflation because...
Persistent link: https://www.econbiz.de/10005113809
, regulated revenue. This paper analyses the dynamic behaviour of inefficiency for a balanced panel of 128 Norwegian electricity …
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Liberalisation has had a marked effect on innovative activities in the electricity industry. R&D and patenting … activities are generally regarded respectively as innovative inputs to and outputs from technological progress. Electricity … activity in the UK electricity sector. The results indicate that electricity related patents in non-nuclear and renewable …
Persistent link: https://www.econbiz.de/10005207839
Incentive regulation for networks has been an important part of the reform agenda in a number of countries. As part of this regulatory process, incentives are put in place to improve the cost efficiency of network companies by rewarding good performance relative to a predefined benchmark. The...
Persistent link: https://www.econbiz.de/10005078998
electricity (and by implication heat) network regulation. We do this in the context of Ofgem’s RPIX@ 20 Review of energy … then apply the lessons to electricity networks in the context of a possible increase in distributed generation directly … several implications of this for the regulation of electricity and heat networks. …
Persistent link: https://www.econbiz.de/10005078999